Categories: Agreements

Manikaran Power becomes the first member to tie up with IGX

Manikaran Power Ltd (MPL) has become the first member of India’s first gas trading platform which is called the Indian Gas Exchange (IGX). IGX is a part of Indian Energy Exchange (IEX). IGX commenced its membership drive in February this year. MPL which is already trading member in IEX is the first to join hands with IGX. MPL provides an electronic platform for trading of power at Indian Energy Exchange and Power Exchange India Limited, documentation and assistance in bilateral trading of power, REC trading and group captive. Its website states that it has close to 2,000 clients in both power trading and RECs.

Indian Gas Exchange Ltd. (IGX) is India’s first automated national level trading platform to promote and sustain an efficient and robust Gas market and to foster gas trading in the country.

Important takeaways for all competitive exams:

  • MD and CEO of India Energy Exchange: Rajiv Srivastava.
  • Headquarters of India Energy Exchange: New Delhi.
  • India Energy Exchange founded: 2008.

Find More News Related to Agreements

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Current Affairs Capsule PDF (23 June 2026)

National News Tushar Mehta Reappointed as Solicitor General of India The Government of India has…

14 hours ago

Kunal Shah Net Worth in Rupees: How Rich Is the CRED Founder and WhatsApp’s New Chief?

After reports of Meta’s major investment in CRED and Kunal Shah’s leadership move connected with…

16 hours ago

Chennai Petroleum Corporation Limited Granted The Navratna Status

Chennai Petroleum Corporation Limited (CPCL) which is India's one of the leading oil refining companies…

17 hours ago

Aadhaar App Crosses 31 Million Downloads in Just Five Months

The newly launched Aadhaar App has crossed the 31 million downloads within just five months…

17 hours ago

World’s Tallest Lionel Messi Statue Unveiled in Argentina as a Historic Tribute

As Lionel Messi become the FIFA World Cup top scorer in the history of the…

18 hours ago

FIFA World Cup 2026: Lionel Messi Becomes All-Time Leading Goal Scorer, Mbappé Narrows the Gap

The FIFA World Cup 2026 has added another historic moment to football’s biggest stage as…

18 hours ago